02-25-98 Council Workshop Minutes

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MINUTES CITY COUNCIL FEBRUARY 25, 1998 south of Little Canada Road. Wise has indicated that he could work with the southern site without the Winter's propeRy, although his preference is that the two Winter's parcels be included. Wise needs a total redevelopment site in the 17 to 18 acre range. Wise also indicated that without the Winter's parceis, he would not include the .91 acre site to the east. Wise indicated that he wants all parking for the theater to be located in front of the theater. The Administrator reported that without the Winter's parcels, the southern site is just under 10 acres. The Administrator reviewed three dia~rams showing various parcels that could be assembled for redevelopment. Dia~ram A includes the Guerin prope~ty, Budget Power, 93 West Little Canada Road and a portion of the bowling alley property for a total of 14.5 acres. Diagram B adds the First Bank property for just under 16 acres. Diagram C adds in the right-of-way for Middle Street and First Bank Drive for 17 acres. The Administrator reported that Wise has asked the City to define the site they would assemble, and then Cinemark will move forward with a site plan. Wise also wants a draft ofthe Development Agreement. The Administrator reported that he has an appointment with Briggs & Morgan and Ehlers & Associates on Friday mornin~ to prepare the draft agreement. Scalze asked about the realignment of Little Canada Road as well as parking and access for the theater. The City Administrator pointed out that if Little Canada Road is reali~ned, there will be less developable land. (Three alignment options were reviewed.) Wise has indicated that he needs 10 acres for the theater development and there is 9.8 acres available without the Winter's property. If Little Canada Road is shifted slightly north, that would ~ive the southern parcel some additional square footage. Fahey stated that he was not in favor of moving Little Canada Road to gain .2 acres of land. Fahey suggested that the City assemble the 9.8 acres as well as acquire the .91 acre which could be platted as an outlot for future combination with the Winter's property when that develops. Scalze questioned why First Bank would have to be taken out. The Administrator reported that the First Bank property has been added in order to assemble a 17 to 18 acre site. Without the Winter's property and the .91 acres, the bank property would be necessary to achieve the total acreage. The Administrator pointed out that the bank property will be a more costly piece of property than the Winter's.